“We are pleased to have reached an agreement that guarantees the more than 475,000 songwriters, composers and copyright owners BMI represents receive fair compensation for their creative efforts,” said Richard Conlon, BMI Senior Vice President, in a statement. “This agreement is yet another step in our long tradition of breaking new ground in licensing music for digital distribution.”

The agreement with BMI, and potentially other music licencing companies like ASCAP, will help Turntable.fm in the legal realm. Questions about whether Turntable violated DMCA have persisted since its launch and agreements like this will help make sure it doesn’t get sued and shut down.

Turntable.fm was co-founded by Billy Chasen, who also created popular real-time analytics service ChartBeat.